Are Today's Partners The NFL Players Of the 1960s?
April 02, 2015
Despite the shakeups in the legal industry, the exiting of partners, and increased competitiveness, can we say that law firm partners are using all the tools that might make them fully developed? Or will we look back at most firms of today and conclude that the star players were like the NFL players of yesteryear?
At the Intersection: The LPM Maturity Model
April 02, 2015
Unless you are deaf to the present realities in today's legal marketplace, you now hear the steady drumbeat of client-focused legal service delivery: a persistent rhythm driving you toward Legal Project Management (LPM). Clients are insisting that firms price and deliver services that fit their tolerance for risk, produce excellent results and keep the work within budget.
The Times, They Are A-Changin'
April 02, 2015
As more and more commercial clients move their legal teams in-house, competition among law firms continues to grow. With the legal industry still feeling negative impacts from the financial crisis, a considerable number of law firms have been pooling expertise and gaining market share through mergers and acquisitions.
When the Lawyer Is a Client
April 02, 2015
Given the demands our profession makes on our time, our attention, our energy and the stress that places on our personal relationships, the divorce rate among lawyers likely rivals that of any other profession. Can you handle your own divorce?
Movers & Shakers
March 30, 2015
A Collection of Moves in the Cybersecurity and Privacy Practice Areas
<b><i>Online Extra:</b></i> Law Firms to Form Cybersecurity Alliance
March 30, 2015
As pressure to strengthen defenses against security breaches increases, at least five Am Law 100 and Magic Circle firms are working to form an alliance that would allow them to ultimately share information with each other about cyber threats and vulnerability.
A Tale of Two LLPS Sets a New Precedent
February 28, 2015
A look at the bankruptcy court's most recent ruling in the Dewey & LeBoeuf bankruptcy. The ruling establishes a bold, new, and much-needed precedent as to the interaction between state laws of business organization, and important provisions of the Bankruptcy Code.
Building a Star-Studded, Long-Tenured Marketing Team
February 28, 2015
As we all know, setting and achieving goals in a professional services environment can be challenging due to the differences in marketing certain practice groups and in how one practice group may perceive success compared with another. Here's how to make it work.
Pricing It Right: Restructuring Billing
February 28, 2015
As pressure on pricing continues, Big Law firms are buying (or building) analytics technology and hiring pricing specialists ' people who use market data, internal firm data and economics/pricing experience to ensure that firms are smart about bidding on work.